Absa Capital Securities, the institutional stock broking unit of Absa Bank Ltd (Absa) and affiliated to Barclays, today announced the appointments of Quintus Kilbourn as Head of Equities and Matthias Jost as Head of Equities Sales Trading.
Kilbourn will be responsible for all South Africa and Africa equities related trading activity, including delta-1, volatility and complex derivatives, as well as local equity research and sales in partnership with global matrix reporting lines for these functions. Jost will lead the cash equities sales trading team reporting to Kilbourn. They both join from Citigroup South Africa, where Kilbourn was most recently Head of Equities and Jost Head of Sales Trading, having joined in 2004 and 2002 respectively.
“We welcome and value the expertise and experience that Quintus and Matthias will bring to Absa Capital, and look forward to working with them in further developing our African equities capabilities, in conjunction with our global partners at Barclays,” said Andrew Dickens, Head of Markets at Absa Capital.
“These appointments demonstrate our commitment to building the premier wholesale bank in Africa, and are testimony to our philosophy of attracting and retaining top talent,” said Dickens.
“Over the past two years Absa Capital has invested in the establishment of its South African cash equities franchise, in line with Barclays strategy to build a leading global cash equities business. The appointment of Quintus and Matthias will further enhance how Absa Capital works together with Barclays to deliver the Africa product to our global client base” said Siggi Thorkelsson, Head of Equities, EMEA, at Barclays.
Further the firm will continue to develop capabilities across research, sales and trading to deliver full service content, advice and execution to institutional investors.
Ends Note to the editor: About Absa Capital
Absa Capital, a division of Absa Bank Limited (Absa) and affiliated to Barclays, is a leading South African corporate and investment bank and financial markets participant operating across sub-Saharan Africa, leveraging significant local banking platforms in presence countries in combination with the global products, technology and client reach of Barclays. Issued by:
+27 11 214 2410
+27 82 775 4810Tanja.firstname.lastname@example.org For further information contact:
Marketing and Corporate Communications
+27 11 895 6695
+27 79 695 email@example.com